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Business strategy
Factors that affect business product prices.
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[QUOTE="Mikes smithen, post: 345275, member: 90053"] When a particular customer or client want to buy a product he or she must know the price in order to make a decision whether to purchase the product or not. Prices on goods and services could be high and could be low depending on the cost of production sacrificed in order to bring such products into existence. One factor that affect product price is the cost of production, the second Factor is economic influence which could be in the form of taxation on such product, and that is to say the higher the task impose on a particular product the more likely for such product press to increase so that business owners can meet up to their profits. [/QUOTE]
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